Viasat 3 protests lack of tender

Monday, August 1, 2005, 11:48

Although the National Radio and Television Board (ORTT) extended the operational contracts of commercial TV channels TV2 and RTL Klub by five years last week without a tender, Hungary's number 3 commercial channel, Viasat 3, would have submitted a bid to one of the national frequencies, according to Viasat 3 CEO Attila Kocsis. However, the Media Act makes it possible to extend operational contracts without a tender. Viasat 3 is owned by the Swedish Modern Times Group (MTG). In related news, János Tímár, a member of ORTT and a delegate for the Alliance of Free Democrats (SzDSz), proposed a price hike on the annual Ft 1.5 billion fee the commercial channels have to pay to ORTT for the concession rights, but the rest of delegates voted against it. (Nb 1) P.O.

Related articles

While the CEE market is a late adapter of zero carbon technologies, it presents opportunities for market expansion via innovative, cost-effective technologies, offering positive public health, quality of life, economic prosperity, and climate outcomes, says a report by the Prince of Walesʼs Corporate Leaders Group (CLG).

The Central European University (CEU), while welcoming a Bavarian offer of financial and technical support for a long-term partnership with the Technical University of Munich (TUM), says that it needs legal guarantees from the Hungarian government if the solution is to work.

E-tail company Extreme Digital is set to merge with eMAGʼs Hungarian subsidiary to form one of the largest players on the CEE e-commerce market, according to an announcement by Extreme Digital at a press conference attended by the Budapest Business Journal on Thursday.

Startup Safari, the annual festival introducing the world of startups in a real working environment with the proactive involvement of the audience, returns to Budapest on April 17-19 this year, and the Budapest Business Journal is offering no less than 30 free tickets for the event.

The management board of the International Investment Bank (IIB), which recently announced it will move its headquarters from Moscow to Budapest later this year, has released a statement denying what it says are “unfounded” media accusations of close ties to the Russian secret service and the Russian state itself.

Wabererʼs International Nyrt. reported an after-tax loss of EUR 20.9 million in 2018, compared to after-tax profit of EUR 18.4 mln in 2017. In an earnings report issued late Tuesday, the new CEO outlined steps to reduce loss-making and make cost cuts.

The Government Debt Management Agency (ÁKK) sold HUF 40 billion of bonds maturing in 2026 and 2028 at a switch auction on Wednesday, accepting bonds expiring in 2020 as payment, state news wire MTI reported.

Hungaryʼs governing populist party Fidesz has been suspended by the center-right European Peopleʼs Party (EPP), the biggest political grouping in the European Parliament, after a vote triggered by what many member parties see as Fideszʼs defiance of EU policies and EPP values, according to breaking reports Wednesday evening.